CoStar Group to Report Second Quarter 2014 Financial Results on July 23, 2014

Earnings Release to be Issued After Market Close on Wednesday, July 23; Conference Call to Discuss Second Quarter 2014 Financial Results Scheduled for 11:00 AM EDT on Thursday, July 24

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| Source: CoStar Group, Inc.

WASHINGTON, July 3, 2014 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP) will announce financial results for the second quarter of 2014 following the market close on Wednesday, July 23, 2014. Management will conduct a conference call to discuss the second quarter results and the company's outlook at 11:00 AM EDT on Thursday, July 24, 2014.

To participate in the conference call, please dial (877) 531-2988 (from the United States and Canada) or (612) 332-0802 (from all other countries) and refer to conference code 331329. To listen to the conference call over the Internet, please access the audio webcast link available in the Investors section of CoStar Group's website at http://www.costargroup.com/investors/stock-info.

An audio recording of the conference call will be available for replay approximately one hour after the call's completion and will remain available for a period of time following the call. To access the recorded conference call, please dial (800) 475-6701 (from the U.S. and Canada) or (320) 365-3844 (from all other countries) using access code 331329. The webcast replay will also be available in the Investors section of CoStar Group's website for a period of time following the call.

About CoStar Group, Inc.

CoStar Group, Inc. (Nasdaq:CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 8 million registered members. Apartments.com is a premier online apartment resource for renters that matches apartment seekers with great apartment homes and provides property managers and owners a proven platform for marketing their properties. CoStar operates websites that have approximately 16 million unique monthly visitors in aggregate. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of over 2,300 worldwide, including the industry's largest professional research organization.

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about CoStar's plans, objectives, expectations and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. Such statements are based upon the current beliefs and expectations of management of CoStar and are subject to significant risks and uncertainties. Actual results may differ materially from the results anticipated in the forward-looking statements. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements can be found in CoStar's Annual Report on Form 10-K for the year ended December 31, 2013, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, each of which is filed with the SEC, including in the "Risk Factors" section of those filings, as well as the company's other filings with the SEC available at the SEC's website (www.sec.gov). CoStar assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ALL INQUIRIES:
Brian Radecki, CFO
(202) 336-6920


Richard Simonelli
Senior Director, Investor Relations
(202) 346-6394